Rigetti Computing, Inc. (NASDAQ:RGTIW) Short Interest Update

Rigetti Computing, Inc. (NASDAQ:RGTIW) was the recipient of a large increase in short interest in February. As of February 28th, there was short interest totalling 89,700 shares, an increase of 56.0% from the February 13th total of 57,500 shares. Based on an average daily volume of 1,120,000 shares, the days-to-cover ratio is currently 0.1 days.

Rigetti Computing Price Performance

NASDAQ RGTIW traded up $0.14 during mid-day trading on Monday, reaching $4.35. 234,544 shares of the company’s stock traded hands, compared to its average volume of 339,161. Rigetti Computing has a 1-year low of $0.06 and a 1-year high of $9.79. The company has a fifty day simple moving average of $4.27 and a 200-day simple moving average of $2.33.

About Rigetti Computing

Rigetti Computing, Inc, through its subsidiaries, builds quantum computers and the superconducting quantum processors. The company offers cloud in a form of quantum processing unit, such as 9-qubit chip and Ankaa-2 system under the Novera brand name; and sells access to its quantum computers through quantum computing as a service.